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Company:
Homestead Funding Corp.
Plan:
Homestead Funding Corp. 401k Plan
 

Homestead Funding Corp.

69 Plan: Homestead Funding Corp. 401k Plan

 
 
69
3
61
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (69) and the top rated plan (84) could equate to:
[How is this calculated?]
8 additional years of work
Up to $123,200 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Homestead Funding Corp. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 69. This plan is in the top 35% of plans for Investment Menu Quality, Participation Rate, and Salary Deferral. Homestead Funding Corp. 401k Plan currently has over 100 active participants and over $5.1M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 8 Airline Dr
Albany, NY 12205-1029 
Industry Real Estate Credit
Administrator Jeffrey N. Mason
Sponsor Michael G. Rutherford
Net Plan Assets $5,080,000
Total Participants 150
Avg Account Balance $34,000

 Compare Other Companies in Peer Group

GSF Mortgage 68.8
Universal Lending 64.8
Mortgage America 62.9
West Tennessee Bancshares 62.0
Sothern Trust Mortgage, LLC 59.2
Mann Mortgage, LLC 57.8

 Top 3 Funds in this 401k

1. Invesco Van Kampen Equity and Income 9%
2. Oppenheimer Global 8%
3. Invesco Van Kampen Comstock 8%

  Plan Service Providers

Auditor Marvin and Company, P.C.
Insurance Carrier Nationwide
Insurance Advisor/Broker Citigroup

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